Industrial Conglomerates

Company Overview of Reignwood Group

Company Overview

Reignwood Group operates in consumer product, lifestyle, industrial, and financing sectors in China and internationally. It produces consumer beverages, such as vitamin function and kids’ drinks, as well as offers an international trading platform for the domestic wine market; operates hotels, resorts, golf courses, health and wellness centers, travel and hospitality agencies, and residential properties; provides a media agency (for public relation, Web and print publishing, and event management services), a theatre, an international art trading platform and exhibition space (for the appreciation and exchange of arts, antiques, and rare artifacts for discriminating buyers and art connoisseur...

Reignwood Group operates in consumer product, lifestyle, industrial, and financing sectors in China and internationally. It produces consumer beverages, such as vitamin function and kids’ drinks, as well as offers an international trading platform for the domestic wine market; operates hotels, resorts, golf courses, health and wellness centers, travel and hospitality agencies, and residential properties; provides a media agency (for public relation, Web and print publishing, and event management services), a theatre, an international art trading platform and exhibition space (for the appreciation and exchange of arts, antiques, and rare artifacts for discriminating buyers and art connoisseurs), educational projects and programs, and sports education and training programs (for youth); and offers architectural design, interior design and decoration, project management, procurement, and construction management services. The company operates an aviation company that provides airport facilities development, maintenance, aircraft operation, and pilot recruitment and training services; and designs, constructs, and operates offshore exploration and production drilling units. It offers professional financial support and venture management services for industrial and commercial enterprise development projects; and specializes in the development of Asian mineral resources for optimal balance between resources, suppliers, industrial customers, and the environment. The company was founded in 1984 and is based in Beijing, China with branch offices in Singapore, Thailand, the United Kingdom, Canada, and the United States.

Key Executives for Reignwood Group

Reignwood Group Key Developments

The Reignwood Group has ordered 10 Cessna Grand Caravan EX aircraft from Cessna Aircraft Co. Reignwood plans to operate its aircraft services segment, Reignwood Star Aviation, to operate tourism flights in southeast China. The planes will be delivered through the Cessna-Aviation Industry Corporation of China joint venture, which began operating in September 2013 in Shijiazhuang. The partnership allows Wichita-built Caravans to be assembled and sold at the China facility.

Lockheed Martin and Reignwood Group have signed a contract to start design of a 10-megawatt Ocean Thermal Energy Conversion (OTEC) power plant, which, when complete, will be the largest OTEC project to date. The Lockheed Martin-Reignwood 10-megawatt plant is considered to be a crucial step in the full commercialization of OTEC. Under this initial contract, Lockheed Martin will provide project management, design and systems engineering services. In addition to the contract signing, Lockheed Martin also joined Reignwood Group in celebrating the ribbon cutting of Reignwood's new Innovative Technology Center, located at their corporate Beijing headquarters. The Innovative Technology Center is designed after Lockheed Martin's Energy Solutions Center in Arlington, Va., which showcases new ideas for alternative energy generation and energy infrastructure.

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